Chapter 381: The Plaza is Completed
In April 2006, Xiaopean Culture Plaza, which had been constructed for nearly two years in East Chang'an Street, bj City, was officially completed. After the completion of the property, sales also officially started.
10 hectares of land have been developed into a large-scale property that integrates office buildings, shopping malls, cultural and leisure squares and residential apartments. The investment amount of the entire project exceeds 2 billion yuan, which really occupies a large amount of funds and resources. A large amount of funds deposited in this project will inevitably affect the expansion speed of other businesses of the company.
However, after the completion of the project, Wang Qinian couldn't help but breathe a sigh of relief!
On April 1, Wang Qinian posted a sensational advertisement saying "If you don't have a fool on April Fools' Day, buy a house with a full payment of 20% off. If you buy a house with a mortgage, buy a house with a 10% off!"
"It's open!"
"Partner Cultural Plaza is open!"
Countless home buyers, some of them queued up at night, so that the property has not yet been officially sold, and thousands of home buyers have already lined up with tents, sleeping bags and stayed up late outside the sales office.
After all, home buyers are relatively smart. The location, housing prices and other factors have been considered one after another. After all, the price of real estate in Xiaopeng Cultural Plaza is cheaper than the surrounding area. What is even more rare is that the school district and school district houses are located in BJ. There are already people with knowledgeable people who have realized the value of school district houses.
School district housing seems to be a bit privileged. For some parents who want their children to succeed, if they don’t buy a house in school districts in first-tier cities, their children will lose at the starting line for the exam. Others’ children can go to Peking University and Tsinghua University with 400 copies. Your children will have to get more than 600 points. This is the advantage of school district housing.
Although Xiao Partner Cultural Plaza is not the most exquisite school district housing, it is located in BJ City and has a large number of colleges and universities. Basically, they can be regarded as school district housing.
In addition to school districts, jobs and opportunities also constitute the continuous attracting funds from all over the country to buy them!
After the sale of Xiaopeng Culture Plaza began, 1,700 residential houses were quickly sold out. The average transaction price exceeded 12,000 yuan per square meter, which was still a preferential price. If it was not discounted, referring to the transaction price of surrounding properties, some properties are now around 13,000 yuan.
The 1,700 commercial housing units alone have recovered 2 billion yuan in investment capital.
In addition, there are 300 commercial housing units sold to the company's employees at a discounted price of 5,000 yuan per square meter. This part of the property is mainly to win people's hearts, but it also has an income of 150 million yuan.
It’s fine to these real estates. The big end of Xiaowo Culture Plaza is commercial real estate, including the 7,000-square-meter Xiaowo Cinema, as well as the 25,000-square-meter Xiaowang Supermarket and logistics distribution center.
In addition, there are about 300,000 square meters of shops and office buildings, which are not sold products and are intended to be used to collect rent. This part of the commercial real estate that collects rent is currently conservatively estimated to be worth 6 billion yuan. Even if the preferential rental was initially discounted, it is expected that at least 200 million yuan of rent could be collected every year.
As housing prices rise in the future and rents rise, it is expected that it will gradually rise by more than 1 billion yuan per year in ten years.
Even if we do not consider the future growth of real estate value, just the growth of rent is already very attractive!
"It's still a huge profit in real estate!" Wang Qinian couldn't help but sigh.
"I'm afraid there will be no such good things in the future!" My father patted Wang Qinian's shoulder and said, "The floor price of bj's land has repeatedly hit new highs, and the floor price of berry square meters has risen to more than 6,000 yuan!"
Wang Qinian smiled and said, "I'm not surprised that the floor price has risen to a higher price than the real estate price!"
The huge profits of Xiaopeng Cultural Plaza are mainly because the cost of land acquisition is too low, with the floor price per square meter less than 1,000 yuan. As the real estate prices continue to rise, the slower the development speed, the more profitable it may be when selling in the future. For example, Li Ka-shing acquired land and delayed it for seven or eight years to complete the project development. The purpose is to drag it all the way until the housing prices rise sharply before the completion of the completion! Of course, this will undoubtedly make many local officials who want to make achievements unhappy!
The company acquired land in 2004 and completed in 2006. In just two years, the price of BJ housing rose sharply, which also caused profits to exceed expectations!
Two years ago, the floor price was low, which made my partner company still make huge profits even if it cost more money to the building materials of the property.
For example, other real estate developers calculate how to make it thinner and more money-saving, while small companies are thicker and safer. In the building materials of the property, the steel structure is like a free money, and thousands of tons of steel are piled in the building frame.
According to experts, if an earthquake occurs, the surrounding properties may collapse, but the properties in Xiaomen Square may stand firm.
In addition to these, roof photovoltaic power generation for friends has also become the standard configuration for every household. Although roof photovoltaic power generation cannot be fully satisfied with their own use, it can also give residents some electricity bills.
Of course, the little bit of the sweetness of this household is that the merchants give after making too much money. The reason why they can make concessions is mainly because the land transfer fee was relatively cheap a few years ago, but now the development is becoming more and more prosperous, and the Olympics are approaching, which has caused house prices to rise rapidly.
So much so, from the perspective of 2006, my friend's company is really kind.
The sales of land have come to an end, and the following property management work will continue to be contracted by Jingtang Shengshi. It is estimated that the property management fee will exceed 12 million yuan a year. Jingtang Shengshi is currently mainly business, which is subsequent property management and other services after the development of the property. In addition to property management, parking fees have gradually become the main factor.
Many developers currently do not pay enough attention to parking lots, but Jingtang Shengshi currently attaches more importance to parking lots than any real estate developer. The value of parking spaces and garages may exceed the value of the property.
Because few people will foresee that the production and sales of automobiles in China will gradually grow to a surprising level. At this time, the annual automobile sales market of millions was already surprising. But it won’t take long to go, the automobile sales market gradually exceeded 5 million, 10 million, and 20 million...
The consumption capacity of China's automobile market is unique in the world. Basically, if the automobile manufacturers around the world can have a little share in the Chinese market, they will not starve to death. Most of the automobile companies that go bankrupt are unfavorable to enter the Chinese market.
Of course, after the popularity of car sales, it also brought a series of business opportunities. For example, car maintenance and replacement of accessories, this is one aspect. What many people did not expect was parking spaces!
There are more and more cars in the city, and there are too many people buying cars. After the number of cars exceeds 100 million, the biggest problem brought about is, where is the car parked?
People are constantly looking for parking places, and places where parking can be parked are always crowded!
Therefore, the prosperous era of Jingtang is now silently brewing, and real estate sales are second-hand. The key is follow-up services, property and parking spaces, etc., which are far-reaching cash flow.
At present, the company and Jingtang Shengshi are developing an Internet application to monitor parking spaces through cameras and tell the owner that there are spaces there.
This application may make the prosperous era of Jingtang a giant that surpasses Vanke and Wanda in the future. (To be continued, please search Piaotiansi, novels are better, updated and faster!
ps: The second update, thanks to the monthly ticket for Tayunshi!
Chapter completed!